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Use new possibilities of MetaTrader 5

History of MQL5.community development

The most popular trading robots and technical indicators, news signals, regular incoming ready-made MQL5 programs in CodeBase and the most discussed Forum topics.

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Published article "Using the TesterWithdrawal() Function for Modeling the Withdrawals of Profit".

Using the TesterWithdrawal() Function for Modeling the Withdrawals of Profit

This article describes the usage of the TesterWithDrawal() function for estimating risks in trade systems which imply the withdrawing of a certain part of assets during their operation. In addition, it describes the effect of this function on the algorithm of calculation of the drawdown of equity in the strategy tester. This function is useful when optimizing parameter of your Expert Advisors.

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There are more than 32 400 topics available on forum

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There are more than 32 350 topics available on forum

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Published article "How to Quickly Create an Expert Advisor for Automated Trading Championship 2010".

How to Quickly Create an Expert Advisor for Automated Trading Championship 2010

In order to develop an expert to participate in Automated Trading Championship 2010, let's use a template of ready expert advisor. Even novice MQL5 programmer will be capable of this task, because for your strategies the basic classes, functions, templates are already developed. It's enough to write a minimal amount of code to implement your trading idea.

New publications in CodeBase

  • Price Channel There is a Price Channel indicator, but I don't like it, because it fills all the space between the upper and lower boundaries. This version of Price Channel looks like in MetaTrader 4.
  • Price Distribution Numeric representation of how many times each price occurred during a given period, Use on a 1 min chart, enter number of hours and minutes you want to look back. Useful in determining actual support and resistance levels.

25 new topics on forum:

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There are more than 32 290 topics available on forum

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New publications in CodeBase

  • Moving Averages, multi-timeframe [v03] Moving Average indicator, can be applied to any timeframe (higher or lower than the current chart's timeframe). Includes: SMA, EMA, SMMA, LWMA, AMA, DEMA, TEMA, FRAMA, and VIDYA
  • Stop Hunter This EA is based on the strategy "Stop Hunting with the Big Players". It sends BuyStop and SellStop orders at near distance from the round price targets.
  • Doji Hunter This indicator is a spin off of the Doji Reader 2 found in the code base. I have made several changes such as it is now capable of being used in code for coding use, not just as a visual indicator. I also took out several un-needed code that was redunda
  • HML Family Get the High Median and Low values of each timeframe, use them all or one at a time, pick a specific one it is up to you and your needs. The family of indicators will be here for your use
There are more than 1 880 codes published in Codebase
There are more than 32 220 topics available on forum

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Published article "20 Trade Signals in MQL5".

20 Trade Signals in MQL5

This article will teach you how to receive trade signals that are necessary for a trade system to work. The examples of forming 20 trade signals are given here as separate custom functions that can be used while developing Expert Advisors. For your convenience, all the functions used in the article are combined in a single mqh include file that can be easily connected to a future Expert Advisor.

24 new topics on forum:

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New publications in CodeBase

There are more than 32 150 topics available on forum

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Published article "The Prototype of Trade Robot".

The Prototype of Trade Robot

This article summarizes and systematizes the principles of creating algorithms and elements of trading systems. The article considers designing of expert algorithm. As an example the CExpertAdvisor class is considered, which can be used for quick and easy development of trading systems.

New publications in CodeBase

24 new topics on forum:

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New publications in CodeBase

  • ZeroLag MACD The MACD oscillator with zero lag.
  • earlyTopProrate This EA is based on daily highs and lows and the relationship to each other.

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There are more than 32 080 topics available on forum

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New publications in CodeBase

  • Double Zero EA Double zero cross level is the signal to open position and/or close.Settings for H4 TF.
  • Change Percentage This indicator shows the change in percentage between the Close of the current period and the previous one.

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There are more than 32 030 topics available on forum

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Published article "Interview with Leonid Velichkovsky: "The Biggest Myth about Neural Networks is Super-Profitability" (ATC 2010)".

Interview with Leonid Velichkovsky: "The Biggest Myth about Neural Networks is Super-Profitability" (ATC 2010)

The hero of our interview Leonid Velichkovski (LeoV) has already participated in Automated Trading Championships. In 2008, his multicurrency neural network was like a bright flash in the sky, earning $110,000 in a certain moment, but eventually fell victim to its own aggressive money management. Two years ago, in his interview Leonid share his own trading experience and told us about the features of his Expert Advisor. On the eve of the ATC 2010, Leonid talks about the most common myths and misconceptions associated with neural networks.

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